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Highlights of the Railway Budget 2007-08

Last updated on: February 26, 2007 16:51 IST

Railway Minister Lalu Prasad presented the Railway Budget 2007-08 in the Lok Sabha on Monday.

Following are the highlights of the Railway Budget:

2006-07: Review of Performance and Revised Estimates

2007-08: Initiatives taken for improvement in Freight Business

Initiatives in passenger business:

Facilitating travel by passengers

Passenger Amenities at Stations

11th five-year plan – Railways' new profile

Railway Safety

Railway Security

Staff Welfare

Organisational and Human Resource Development

Special Recruitment Drives

Passenger Services

Annual Plan 2007-08

Ø Support of Rs 7,611 cr from General Revenues.

Ø Internal Generation of Rs 17,323 cr.

Ø Extra Budgetary Resources of Rs 5,740 cr.

v      High Density Network to be made suitable for running of Heavy Axle load trains

v      Enhanced line capacity planned for on busy routes by implementing IBS, Automatic Signaling etc.

v      Increase in speed of trains through fly-overs, bypass, yard redesign etc. at busy junction stations, will be built and will be modified

v      200 Diesel, 200 Electric engines and 11,000 wagons to be produced

Other Important Announcements

Railways emerging International image

Proposals relating to freight rates and passenger fares

Freight Business

Schemes Announced/ Modified

Passenger Business